admin- Headline Inflation (Year-on-Year) – National level
The headline or overall inflation in January 2025 was recorded to be 3.12 percent. This trend was primarily driven by rise in the Food and Non-food index.
1.1 Food Inflation
The Food inflation increased to 4.81 percent in January 2025. Within the Food category, the Food & non-alcoholic beverages index recorded an increase of 5.30 percent, while the Alcoholic beverages & betel nuts index saw a drop of -1.11 percent.
1.2 Non-food Inflation
The Non-food inflation increased to 1.20 percent in January 2025. This upward trend in the non-food category was mainly driven by increase in Clothing & footwear index to 6.28 percent, Communication index to 6.65 percent, Recreation & culture index to 4.48 percent and the Furnishing, Household equipment & routine household maintenance index to 3.67 percent. The Transport index dropped to -3.15 percent and Housing & utilities index dropped to -0.58 percent.
Headline Inflation (Month-on-Month) – National Level
Month-on-month inflation increased to 1.00 percent in January 2025. This was primarily driven by increase in the indices of both Food and Non-food.
- Regional Headline Inflation (Month-on-Month) –Capital City – Thimphu
Month-on-month inflation for the Capital City increased to 1.54 percent in January 2025. This increase was driven by a 0.17 percent rise in the Food index and a 2.81 percent increase in the Non-food index.
- Central Region (Bumthang, Dagana, Sarpang, Zhemgang, Trongsa, Tsirang)
In January 2025, the month-on-month inflation for the Central region increased to 0.79 percent compared to the previous month.
- Western Region (Gasa, Punakha, Thimphu, Wangdue Phodrang, Haa, Paro, Samtse, Chhukha)
In January 2025, the month-on-month headline inflation of the Western region increased to 1.11 percent. This was mainly driven by increase in the indices of both Food and Non-food.
- Eastern Region (Monggar, Trashigang, Trashi Yangtse, Lhuentse, Pema Gatshel, Samdrup Jongkhar)
In January 2025, the month-on-month headline inflation rate for the Eastern region increased to 1.50 percent, mainly driven by increase in both the Food and Non-food index.
- Annual average Inflation – National Level
The annual average national headline inflation from January 2024 to December 2024 eased to2.82 percent in 2024, down by 1.41 percentage points from 4.23 percent in 2023. The downward trend in inflation were primarily driven by a slower annual increment in food and non-food index.
Average food inflation decelerated to 0.48 percent from 3.97 percent in 2023. This deceleration was due to easing of Food & non-alcoholic beverages index to 0.49 percent and that ofAlcoholic beverages & betel nuts to 0.24 percent.
In 2024, the non-food index decelerated to 0.25 percent, from 4.44 percent in 2023. This deceleration was primarily due to a drop in communication and transport index to -0.64 percent and -0.14 percent respectively.
- Purchasing Power of the Ngultrum – National Level
The purchasing power of the Ngultrum, as measured by CPI, stood at Nu. 54.8 as of January 2025 as compared to December 2012. This means, Nu. 100 in January 2025 is worth only Nu. 55.3 at December 2012 prices. The Purchasing Power of the Ngultrum has eroded by 3.02 percent in the last year (from January 2024 to January 2025) due to price increases in the economy.
For detailed information, please visit our website at https://www.nsb.gov.bt/publications/price-statistic/consumer-price-index/